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But they are going to make $180 million from Spinola any day now!
These guys have more stories than there are fish in the ocean
Would prefer for them to close a deal with specific information with like maybe revenue projections
Without specifics, one could argue this looks like another pump and dump story
Looks like someone just unloaded 400 K
Why sell when the future is so allegedly bright ?
These guys have more stories than there are fish in the ocean
Would prefer for them to close a deal with specific information with like maybe revenue projections
Without specifics, one could argue this looks like another pump and dump story
Looks like someone just unloaded 400 K
Why sell when the future is so allegedly bright ?
haha.. big difference from 180m SPINOLA
Go back and read all their PRs for the past 18 months and then memorize this number $19,782. That is how much they made in the first 3 months of this year! Give me a break!
Sure they did! Been waiting for HDUP to do what they say for well over a year, maybe longer. I personally have given up. Be very careful here!
Nice day here. This thing moves on updates with the possibility being so huge … paytience
INVESTORS NEED TO STOP SELLING. THIS THING HAS WHEELS AND CAN MOVE BUT GUYS LOOKING TO SCALP 50.00 ARE STANDING IN THE WAY. EVENTUALLY YOU WILL BE BULLDOZED BY THE MOVE. KEEP YOUR 50 AND 100 PROFITS AND SHOVE IT
$HDUP buys a casino -
HeadsUpEntertainment
@HeadsUpHDUP
·
11m
$HDUP is leading a group of 3 companies for the acquisition of a US land based casino that includes 3 online gaming licenses. 2022 revenue was over $13m. This purchase is a new strategic business unit and will add to the valuation for the uplisting and merger previously announced
$HDUP - I agree - I found it was wise to follow the wisdom of Garfield. A bright orange cat from our US cartoons. Many years ago on January1, Jon his human asked him if he had made a New Years resolution.. Garfield said that he had and Jon asked what it had been...Garfield said, "to lower my expectations".
Helpful advice when you invest in OTC stocks, imo
$HDUP - Mark has had a steady conversation regarding the importance of Charity and/or Fundraising via tailored lotteries and games. He's been saying this for at least a couple of years.
This was from their PR in May, "HeadsUp Entertainment International Inc. is a global gaming operator and media company focusing on online gaming, online poker, eSports, sports betting, online lottery, mobile 50/50, charity fundraising platforms, software and blockchain based payment solutions."
At first I thought it was a little strange, regarding the focus on "charity fundraising" but I saw this video of Mark from a Podcast in Vegas where he said something close to this regarding charity, "you get to raise a lot of money for good causes and you get to make a lot of money doing it". HDUP has been saying that they will be a player in the charity fundraising market for over 2 years now.
do a search on Spinola Gaming: ( https://spinolagaming.com/ ) guess who is going into charity fundraising? You think that is a coincidence?
Then remember last August, HDUP had a video update for shareholders - they made several good points - 1) being that over 90% of Lotto Games were analog, requiring you to go to a store to buy a ticket and that means the winning ticket can be forged but that goes away with digital (internet) lottery and 2) that many good charities find it hard to raise money and providing a way to get people to give is by providing a way for them to win something if they are lucky.
In searches on Mark Hutchinson I've found GG World (which he is CEO of) https://gg.world/ , and GG Gaming can be found on https://lottopark.com/ where you can play Lotteries from around the world from you desktop. That is, I believe, what Mark is working towards and it takes time.
This might require patience, I've owned shares since 2020...I think it will pay off.
This was also part of recent disclosures.
"In March 2023, Parsec Capital Acquisitions Corp. (“Parsec”) completed the acquisition of the majority
common shares of Enteractive, representing 56.7% of the issued and outstanding common shares of
Enterative. Parsec is also acquiring the remaining 43.3% of Enteractive pursuant to separate Minority
Stockholder Stock Purchase Agreements. Pursuant to the Stock Exchange and Reorganization
Agreement between Parsec and Enteractive, the Company’s investment in Enteractive was converted
into 50,000 Class B Common Stock of Parsec. As of April 30, 2023, Parsec’s Class B shares are not
listed for trading on an exchange."
$HDUP so you are of the opinion that from the filing (the following is from NOTE 5)
ADVANCE TO SPINOLA SOFTWARE SOLUTIONS LIMITED
In May 2021, the Company entered into a letter of intent to acquire Spinola Software Solutions
Limited and Jackpot Group Limited (together, “Spinola”). As a condition of the closing, the Company
and Spinola entered into a Loan Agreement and Promissory Note, to be secured by stock in Spinola
(the “Spinola Loan”).
The Spinola Loan in the amount of US$720,000 is effective May 5, 2021, bears interest of 3% per
annum, and is due within 12 months. All payments are first applied to accrued interest and the
balance to principal. The Spinola Loan can be paid in whole or in part, at any time and from time to
time, without penalty or premium. On May 5, 2022, the Company and Spinola agreed to extend the
loan repayment due date to May 5, 2023.
In your opinion, I'm guessing that this debt was settled? In some imaginary world?
And then from the most recent filing
Apr 21/23 Transfer from Mark Hutchinson of 250,000 Common shares. To a James Mueller in a Private
Transaction of Restricted stock, was that Mark trying to screw a friend?
LOL, you're missing all the clues! imo
Amazing due diligence on your part but completely the wrong conclusion.
"pray" doesn't seem like a good investment strategy.
The only question for shareholders is: at what price will they figure out that HDUP will never operate any of the legitimate business they promise?
Damage control is the rightful move here…..Just move on to the next 10 bagger
Chart, displays a pump & dump !the market is never wrong. Hdup is a scam like whole the gamble industry & 90% of otc .
We’re fucked
Do not trust the quality or intent of any press releases
Amazing how much selling occurs when an announcement is made
Rats leaving the sinking ship
Good luck to all
We’re fucked
Do not trust the quality or intent of any press releases
Amazing how much selling occurs when an announcement is made
Rats leaving the sinking ship
Good luck to all
I think that money was to buy out related parties but yeah who tf knows !! Buy the dip and pray
Doesnt past the sniff test HDUP. Im questioning if they really gave $2m to Spinola. If you go and download Spinola/Jackpost group financials which is available on the portal there is nothing about a loan for the last 2 years.
you will find out in a few weeks/month when they will finally disclose they are not pushing ahead with Spinola.
Again… that’s assuming it’s not a scam … I wanna hear more and I’ll keep waiting before I decide anything about what’s going on
They wouldn’t be selling for 2 million. They’d be getting 69m worth of a stock in the NASDAQ entity . That’s why in the disclosures it says they are still working towards completion of deal and reverse triangle merger financing structure etc
I am a shareholder of HDUP, and some of the guys on this site seem to be paranoid and want to take any statements made into a bigger deal then they are. HDUP was going to be doing business with Spinola at this point they have put up 2 million dollars that is in the filings. Why would a company of Spinola size sell the company for a measly 2 million dollars. I have a position in this stock and other stocks such as AAPL and TSLA and have not put up a great deal of monies in a penny stock. I will wait it out and if it fails I will still be fine financially. If your looking for the score of a lifetime this is not that.
How would you guarantee the details of HDUP's finances, when those details are not even publicly disclosed let alone audited?
Are willing to share your true identity, and explain your relationship with HDUP?
There is no 180m. Do your research and check out the filings of spinola/jackpot group in malta. Its readily available on the portal https://www.datocapital.mt/companies/The-Jackpot-Group-Ltd.html
It generated less than 1m..... HDUP is a scam. Did the money actually go to Spinola? Where is the DD?
Very nice. I did notice the additional info and found it bullish. Also recently Spinola has started with demo sites for white label clients I presume
https://demo.spinolagaming.com
Imo things are happening and there getting ready for launch in many ways … I guess we’ll need to wait some more time to see whose conspiracy theories are right
$HDUP - from the latest filing: Did you forget that they would go to Nasdaq based on revenues and income?
5. ADVANCE TO SPINOLA SOFTWARE SOLUTIONS LIMITED
"In May 2021, the Company entered into a letter of intent to acquire Spinola Software Solutions
Limited and Jackpot Group Limited (together, “Spinola”). As a condition of the closing, the Company
and Spinola entered into a Loan Agreement and Promissory Note, to be secured by stock in Spinola
(the “Spinola Loan”).
The Spinola Loan in the amount of US$720,000 is effective May 5, 2021, bears interest of 3% per
annum, and is due within 12 months. All payments are first applied to accrued interest and the
balance to principal. The Spinola Loan can be paid in whole or in part, at any time and from time to
time, without penalty or premium. On May 5, 2022, the Company and Spinola agreed to extend the
loan repayment due date to May 5, 2023.
During the year ended January 31, 2023, the Company advanced $536,162 (2021 – $830,560) to
Spinola. As at January 31, 2023, total amount due from Spinola was $2,086,722 (2022 – $1,550,560).
that was from the latest filing. Did you notice that the latest filing had more information than we've been given before?
Maybe they are getting ready to move to Nasdaq where they will have to be transparent.
As of January 31, 2023, the acquisition of Spinola has not been completed. All parties continue to move
toward the disclosed corporate finance structure of the reverse triangle merger."
Management needs to be more forthcoming
Looks more and more like a scam
Management needs to be more forthcoming
Looks more and more like a scam
No it was not, it was to be able to partner with them and use their platforms for lottery gaming etc. How the fk can you buy a 180 million dollar revenue comapny for 2 million. Come on guys common sense please.
IT was to acquire Spinola. Spinola already had the agreements in place. Fact is HDUP did not raise the capital to finalize the transaction. Anyone can jump on the Malta tax/rev portal and download Spinola/The Jackpot Group Annual rev.
That was not to buy spinola it was to have the rights to use the platform. Who even knows if Spinola exists. Sounds like Spinola is the scam company
2m for the business wouldn't think so. From what i have heard the business is well over 15m+ USD.
Thought that 2 million was the deal if they needed to put up more then they would be in default. Don't know about that end of the deal. Good due diligence is always best.
Spinola is actively talking to other parties in Malta!! Is HDUP in default? Will the $ get repaid? What was the deal?
To my knowledge that 2 million was not borrowed but personal funds put in by insiders at headsup. No way did they borrow 2 million to give to spinola, that i can guarantee 1 million percent. Yes people are out the monies but not outside investors. So you guys think they want to just throw away 2 million and move one. Not happening.
The reasoning is that insiders got $2m into their pockets from whomever was silly enough to lend HDUP that money.
So Hdup put up 2 million and they just walk away? Explain to me the reasoning?
lol. You don't go and announce its ready to transact over 12 months ago to then suddenly go quiet. 180m of contracts and you get paid $2m !! Does not pass the sniff test. It's over and HDUP are trying to find a replacement.
I am not 100 percent sure but i have been told that the spinola deal is alive and will be part of hdup or the pcx company. I see someone gave them 2 million so why would hdup walk away. Please enlighten me as we have such geniuses on this board.
Sounds like after all the external DD & auditors they have found Spinola to be a dud!! This is why it has not closed out. How will Spinola pay back the loan?
$HDUP - here's another one to consider. Who is buying all of these shares down here?
Time --------- High Low-------Volume
5/31/2023 0.035 0.0266 925,353
5/30/2023 0.0305 0.0265 839,800
5/26/2023 0.0339 0.0281 485,000
5/25/2023 0.0351 0.0285 1,554,700
5/24/2023 0.037 0.0283 3,831,900
5/23/2023 0.0475 0.039 777,800
5/22/2023 0.0475 0.04 138,600
5/19/2023 0.0432 0.0305 3,265,700
5/18/2023 0.0416 0.035 845,900
5/17/2023 0.0648 0.0335 3,932,800
5/16/2023 0.0688 0.0518 2,399,200
5/15/2023 0.0773 0.0566 8,429,600
5/12/2023 0.0519 0.029 3,270,600
5/11/2023 0.03 0.0272 450,000
5/10/2023 0.0315 0.0255 1,004,600
5/9/2023 0.0324 0.0278 350,700
5/8/2023 0.035 0.0273 1,034,500
5/5/2023 0.036 0.0291 267,200
5/4/2023 0.033 0.0292 34,800
5/3/2023 0.035 0.0271 731,700
5/2/2023 0.0345 0.027 1,062,600
35,633,053 has been traded in May, I'm guessing on this but something like 35mil shares are under a CTO and can't trade and that would leave 35mil which can.
the legitimate question is, did everyone dump their shares? I know I haven't. Then the next question would be, what are the MM's doing?
Could they be trying to shake out the weak shares and move them to stronger hands?
Why would they do that?
To open on Nasdaq, the stock needs to be at $4 p/share. If this is controlled by longs (friendly to the company) then when news hits, the weak shares will already be gone. The US shares, between 30 and 40 mil, didn't all dump this month. They just got the weak shares out. IMO
PS: as a note for clarity, I doubt we get to $4 per share without some "adjustment" to the O/S I think a lot of that will depend on how high they can get this before the move to $4.
$HDUP - so it was taken from the filing on https://www.otcmarkets.com/otcapi/company/financial-report/370127/content
- go to page 14 to see them add "Advance to Spinola Software Solutions Limited (Note 5)" then go to "NOTE 5" and on to page 21 to read "NOTE 5" which begins with "5. ADVANCE TO SPINOLA SOFTWARE SOLUTIONS LIMITED"
https://www.otcmarkets.com/otcapi/company/financial-report/370127/content
$HDUP, I am so happy that we have a genius among us...on a "low" horse. So yes, you can put them up as collateral, but you CAN NOT TRANSFER THEM, the MM won't allow that.
So what does that mean? It means that anyone lending money against those shares is probably pretty confident that if the loan is not repaid, that the shares will be tradeable (OFF the CTO) and they will be able to cash them in.
I'd suggest that the party lending money knows the collateral will have value. If the CTO isn't lifted then their collateral is worth ZERO.
hopefully theyll soon have a reason to and buy more
I would really appreciate if the sellers of this stock just get the hell out it. Go make monies elsewhere. The constant selling is a point of contention. HDUP looks like they have finally turned the corner as far as getting revenue streams coming in. This is the beginning of alot of hard work by people behind this company. STOP SELLING
Response to last week's $HDUP announcement on US Amateur Sports Fundraising platform has exceeded expectations with over a dozen new clients in the pipeline from football, hockey, volleyball, soccer and lacrosse organizations. Revenue Projections for Q3 and Q4 now tripled. Hutch
— HeadsUpEntertainment (@HeadsUpHDUP) May 31, 2023
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